UniCredit today announces that Mirko Bianchi, currently Group co-CFO, has been appointed CEO of Group Wealth Management & Private Banking with the task of continuing the successful development in the Group's primary markets.
Reporting directly to the Group's co-CEOs for Commercial Banking Western Europe, Francesco Giordano and Olivier Khayat, Mirko Bianchi will be supported by Stefano Vecchi, who in addition to his current role as Head of Wealth Management Italy and CEO of Cordusio SIM, has been appointed Deputy CEO of Group Wealth Management & Private Banking. Marco Bizzozero, current CEO of Group Wealth Management & Private Banking and EMC member has decided to leave the Group to pursue an entrepreneurial opportunity with a US Fintech.
The appointments are effective from October 1st.
Mirko will continue to serve on the Group Executive Management Committee (EMC), while Co-CFO Stefano Porro assumes sole responsibility for the CFO function reporting to Wouter Devriendt, Head of Group Finance & Controls.
Commenting on the announcement, Francesco Giordano and Olivier Khayat, co-CEOs Commercial Banking Western Europe of UniCredit, said: "We are delighted to announce Mirko as the new CEO of Group Wealth Management & Private Banking. Mirko has an unparalleled capital market experience, a distinguished international career path and a very successful management track record. His contribution will be instrumental in realizing our ambition to become a recognized leader in European wealth management."
UniCredit Wealth Management & Private Banking supports clients both as individuals and entrepreneurs, providing them with integrated "One Bank" all round management of their wealth. Clients in Italy, Germany, and Austria also benefit from a highly effective combination of central expertise and an international perspective, with a well-established local footprint providing proximity and understanding. UniCredit's Wealth Management & Private Banking offer is delivered in Italy with UniCredit, Cordusio SIM and Cordusio Fiduciaria, in Germany with HypoVereinsbank Wealth Management, and in Austria with UniCredit Bank Austria and Schoellerbank.
Milan, September 29, 2020
UniCredit Media Relations
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